Does anyone know if you are able to carry a hard money loan and a bank loan at the same time for 2 separate deals done a month apart?
Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.
Hey BP!
I am thinking about purchasing my childhood home! My parents are baby boomers and looking to downsize this year. They aren't ready to sell just yet but we have talked and I'm thinking it's going to be my next...
I was presented an opportunity tonight with a chance to buy what I think might be a good deal. The seller is not desperate but certainly anxious to sell this home because they have found a larger home they'd like to ...
Hey, i have an opportunity to possibly get a 3-unit (all 1b/1bath) through seller finance. I have a few questions. How to structure the deal? Does the loan i will technically be assuming add to my Debt-to-income ratio...
Hi Folks, I am looking at purchasing my first property. It is a two duplex unit located off the main street in a rural town. In order to finance it, I am partnering with a couple I trust and plan to move into one of t...
Hey everyone, My current primary residence is financed through a private loan with a family member and does not show up in my credit report. If I go to purchase a new primary residence or investment property, will I n...
Good evening everyone. Hope all is well. In NEW YORK STATE, what is it called when u “Take Over Payments/Existing Mortgage”? Land Contract, installment agreement etc....? Also are mortgages assumable in New York? Anyo...
Hey all!Long story short, I want to finally refinance a property we bought and rehabbed in 2022. The low interest rate on the property has been holding me back from refinancing but a great opportunity has come up and ...
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...